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May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
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Society

Safe environment – Equal opportunities

Women’s Month is another opportunity to speak about the role of women in society and business, attitudes toward them, leadership, and equal opportunities for every member of society. Idram and IDBank, in collaboration with the Women’s Empowerment Principles (WEPs), will highlight the importance of these principles, their adoption, and their promotion through an upcoming series of articles.

Equality and fair treatment in the workplace are essential for building healthy and productive collaboration. While it may seem that in the 21st century such issues should no longer require attention, international research shows that gender inequality remains a global challenge.

  • According to studies by the United Nations and the International Labour Organization (ILO), women worldwide earn on average 20% less than men. 
  • Additional data from the ILO indicates that women’s participation in the labor market is around 50%, compared to approximately 80% for men.

Discrimination can take various forms. One of the most common is the wage gap between women and men performing the same work. In addition, women often face limited opportunities for career advancement and are underrepresented in leadership positions. These disparities are frequently rooted in persistent societal stereotypes — for example, perceiving men as leaders and women as support staff.

Idram and IDBank consistently promote equal rights and opportunities for both women and men. All employees receive equal pay for equal work, ensuring a fair and inclusive working environment. The companies are committed to fostering equal opportunities through transparent and open mechanisms that support the professional growth of every employee.

For example, 53% of managers at IDBank and 59% at Idram are women. Furthermore, in 2025, 84% of promoted employees at IDBank and 60% at Idram were women.

Such approaches significantly enhance employee motivation and contribute to a fair and inclusive workplace. They demonstrate how equality and fairness are not just principles, but practical tools that drive both individual career development and the overall success of organizations.

THE COMPANIES ARE SUPERVISED BY THE CBA